All News articles – Page 5
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NewsEU says ‘no major breach detected so far’ following significant cyber attack
The European Commission and other European Union (EU) institutions have been hit by a cyber attack significant enough for senior officials to be alerted.
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Business Update: Partnership between Maxeler Technologies and fragmentiX
Maxeler Technologies and fragmentiX are partnering to deliver maximum performance and ultra-secure-by-design data storage and computing solutions (Press Release)
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TNO, Rabobank and ABN AMRO report ‘good initial results’ from privacy-enhanced data-sharing AML project
A project to allow the sharing and analysing of transaction information between banks while protecting privacy of customers has had ‘good initial results’ after testing with synthetic data, a bank involved has said.
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Irish DPC probes whether Facebook data leak falls under GDPR time frame
The Irish Data Protection Commission (DPC) is probing whether any of the data records of 533 million Facebook users published over the weekend were leaked after the implementation of the General Data Protection Regulation (GDPR).
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Business Update: IDEMIA Collaborates with Microsoft to Deliver Secure, Digital Verified Credentials Solution
Mobile solution enables organizations to confirm identity and credentials without collecting or storing an individual’s personal data (Press Release)
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Thousands of Indian government officials being trained in cyber security
More than 4,000 employees of the Indian government have been trained in cyber safety in the past three months to help beef up the state’s defences against cyber-attacks.
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Data protection act enforcement may be further delayed in Thailand
Thailand’s new digital economy and society minister Chaiwut Thanakhamanusorn is considering postponing full enforcement of the country’s Personal Data Protection Act (PDPA) scheduled for June, in part to give small- and medium-sized enterprises (SMEs) more time to prepare. Implementation has already been delayed once.
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FinCEN appoints former Chainalysis executive as new head
The Financial Crimes Enforcement Network (FinCEN) has appointed a former executive of cryptocurrency analytics firm Chainalysis as its new Acting Director.
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Giant cyber insurance firm CNA hit by 'sophisticated' ransomware attack
Insurance firm CNA is working to restore its systems and is investigating if policyholders’ data has leaked after a “sophisticated” cyber attack.
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US beneficial ownership register step closer as FinCEN publishes consultation
The Financial Crimes Enforcement Network (FinCEN) has started the regulatory process of implementing a new beneficial ownership registry for businesses by publishing an Advance Notice of Proposed Rulemaking (ANPR) seeking comment on the proposals.
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Dutch DPA fines Booking.com €475,000 for late reporting of data breach
The hotel booking firm Booking.Com has been fined €475,000 for failing to report a data breach to the authorities for 22 days
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Hungarian authorities dismantle €8million VAT ‘invoice mills’ fraud scheme
An organised criminal group that used “missing traders” to fraudulent claim €8.2million has been dismantled by the Hungarian National Tax and Customs Administration, Europol announced yesterday.
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International Compliance Association announces new Global Practitioner Advisory Board
The International Compliance Association has announced the members of its new Global Practitioner Advisory Board.
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Business Update: VIDIZMO Helps Organizations Meet GDPR Conditions
VIDIZMO’s compliant solutions help organizations proactively protect the personal data they process and prevent unauthorized breaches (Press Release)
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Ernst & Young drops appeal against $10.8m penalty to laundering whistleblower
Ernst & Young (EY) has dropped its appeal against the United Kingdom’s High Court awarding former partner and whistleblower Amjad Rihan $10.8m (€9.08m) in compensation.
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EU-South Korea data protection adequacy decision one step closer
The European Union and South Korea have confirmed there is a high degree of convergence between their data protection regulations, paving the way for an adequacy decision which would allow the free flow of personal data between them.
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Business Update: Polymer Solutions closes $1MM Seed Round to secure SaaS platforms
Polymer Solutions, the ‘virtual compliance officer’ for SaaS, closes $1MM seed funding (Press Release)
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Business Update: Cisco Unveils New, Expanded SASE Architecture
Cisco simplifies networking and security operations with an expanded Secure Access Service Edge (SASE) architecture, and unveils innovations to cloud-native platform, SecureX (Press Release)
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UK Cyber Security Council now operating as an independent body
A new body to promote cyber security careers and boost skills and diversity is now officially an independent entity, it has been announced
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Online gaming association calls for ‘decisive action” in money laundering investigations in Malta
An association of iGaming companies based in Malta has called for “clear and decisive action” to hold money launderers in the industry accountable following a series of scandals in recent weeks.
